RSVP Business Plan

Non-Disclosure and Confidentiality Agreement
The undersigned ("Recipient") hereby agrees that all financial and other information
("Information") that it has and will receive concerning Resort Sales Vacation Professionals, LLC
is confidential and will not be disclosed to any individual or entity without prior written consent.
The Information shall remain the property of Resort Sales Vacation Professionals, LLC and shall
be returned to Resort Sales Vacation Professionals, LLC promptly at its request together with all
copies made thereof.
Recipient acknowledges that no remedy of law may be adequate to compensate Resort Sales
Vacation Professionals, LLC for a violation of this Agreement and Recipient hereby agrees that
in addition to any legal or other rights that may be available in the event of a breach hereunder,
Resort Sales Vacation Professionals, LLC may seek equitable relief to enforce this Agreement in
any Court of competent jurisdiction.
_______________
Date
________________________________
Signature
This is a business plan and does not imply an offering of securities.
Resort Sales Vacation Professionals, LLC
Contact Information:
John DeMarco
5645 S. Eastern Ave. #3
Las Vegas, NV 89119
702-735-1040 OFFICE
702-982-8619 FAX
248-808-5026 CELL
jdemarco@resortsalesvacationprofessionals.com
This document contains confidential information. It is disclosed to you for informational

purposes only. Its contents shall remain the property of Resort Sales Vacation Professionals,
LLC and shall be returned to Resort Sales Vacation Professionals, LLC when requested.
This is a business plan and does not imply an offering of securities.
Table of Contents
1. Executive Summary
Business Opportunity
Product/Service Description
Current Business Position
Financial Potential
The Request
2. Company Background
Business Description
Company History
Current Position and Business Objectives
Ownership
3. Products
Product Overview
Competitive Analysis
Suppliers and Inventory
Research and Development
4. Services
Service Descriptions
Competitive Comparison
Service Delivery
Research and Development
5. The Industry, Competition and Market

Industry Definition
Primary Competitors
Market Size
Market Growth
Customer Profile
6. Marketing Plan
Competitive Advantage
Pricing
Distribution Channels
Promotional Plan
Feedback
10
7. Operating Plan
Location
Facility
Operating Equipment
Suppliers and Vendors
Personnel Plan
General Operations
12
8. Management, Organization and Ownership

Management/Principals
Organizational Structure
Professional Consultants
Ownership and Boards
14
9. Goals and Strategies

Business Goals
Keys to Success
Future Plans
16
10. Financial Assumptions

Assumptions
17
11. Appendix
Income Projection
Expense Projection
Profit & Loss
Balance Sheet
Cash Plan
18
Ratio Analysis
1. Executive Summary
Resort Sales Vacation Professionals. LLC., from hereon will be referred to as RSVP, is ready
to begin selling on a consignment basis foreclosed timeshares to tourists visiting the Las
Vegas Strip and Fremont Street at a dramatically reduced rate. To stand out from its
competitors, RSVP will also be marketing to local Las Vegas residents on designated
evenings with tours at locations solely just for locals. The company is in the start-up phase,
but should reach monthly sales over $100,000 within the first quarter of operations.
1.1 Business Opportunity
RESORT SALES VACATION PROFESSIONALS, LLC (from hereon RSVP, LLC) is a
Timeshare Reseller specializing in foreclosed timeshares purchased on a consignment
basis. Although the company is in the startup phase, RSVP , LLC is poised to capture a
significant market share of timeshare sales in Las Vegas, due to its experiences and well
connected management team.
RSVP , LLC was initial started by John DeMarco and Tieri Bissen as a Partnership in
March 2012. In April of 2012, the company added Robert Miramontes as their Real
Estate Broker. Robert will also be acting as the LLC's Manager.
1.2 Product/Service Description
RSVP , LLC is involved in 4 distinct activities:
1. Selling Foreclosed Timeshares on Consignment
2. Exchanging Timeshares
3. Booking Mini Vacation Tours
4. Marketing and Selling Tours to other Timeshare companies
Eighty to ninety percent of the Gross Sales will be from Foreclosure Resales on a
Consignment Agreement and the remainder will be from selling the overbooked tours to
other timeshare companies.
1.3 Current Business Position
Despite being a startup company, the addition of Robert Miramontes makes RSVP, LLC
a major player in the Las Vegas Timeshare resellers market and poised to capture a
significant market share.
1.4 Financial Potential
The company's Short Term Objectives (within the next three months) are to increase
sales to $100,000 per month and to achieve monthly profit, net after taxes, of $250,000
by the end of 2012. Its Long term objectives are: to increase sales to $400,000 per month
and expanding its operations nationwide.
The financial objectives of RSVP , LLC over the next few years are as follows:

2012
Sales
Net Income after Tax
2
2013-2016
$3,457,372
$2,119,585
$104,368,516
$ 93,130,260
]
1.5 The Request
To implement these objectives the company needs:
1. A Loan or Line of Credit of $75,000 to expand its operations by adding a branch
location at 4058 Dean Martin Dr in Las Vegas
2. This loan will be used for current near term expenses including Space Leases and
Deposits, Office Expenses, and One Shuttle Van Lease and One Ford Explorer Lease.
The loan or line would be repaid in two years.
2. Company Background
RSVP , LLC was initial started by John DeMarco and Tieri Bissen as a Partnership in March
2012. In April of 2012, the company added Robert Miramontes as their Real Estate Broker.
Robert will also be acting as the LLC's Manager.
RSVP , LLC is expecting rapid growth in the first three months due to the fact that they are
combining over 40 years of experience and proven relationships that are already under
contract that will provide RSVP, LLC them to use several marketing techniques to bring new
customers to their doors.
RSVP , LLC is currently located at 5645 S. Eastern Ave. #3 in Las Vegas, Nevada and is
negotiating with LeaseComm to establish its Administrative office to be located at 4058
Dean Martin Drive Dr. Las Vegas, NV. This new location would improve the company
image, visibility and logistics for transporting customers to their office. RSVP , LLC is also
in talks with a Las Vegas Strip Casino to establish a joint venture at the Casino to sell
timeshares on site.
2.1 Business Description
RSVP, LLC is a Timeshare Reseller specializing in foreclosed timeshares purchased on a
consignment basis. We will be roaming the Las Vegas strip, canvassing the malls and
local casinos, events and festivals to offer gifts to visitors and locals in exchange for
attending a timeshare presentation. Initially we will be operating 4 days a week. We will
have 2 tours each day for 8 couples total with the goal of at least 1 or 2 sales per day. If
we book more tours than the 8 required per day we will sell those extra tours to other
timeshare companies for $200 to $300 dollars each. We will also be financing all of our
timeshare sales, as well as exchanging timeshares for current RCI owners.
2.2 Company History
RSVP , LLC is expecting rapid growth in the first three months due to the fact that they
are combining over 40 years of experience and proven relationships that are already
under contract that will provide RSVP, LLC them to use several marketing techniques to
bring new customers to their doors.
2.3 Current Position and Business Objectives
RSVP , LLC is currently located at 5645 S. Eastern Ave. #3 in Las Vegas, Nevada and is
negotiating with LeaseComm to establish its Administrative office to be located at 4058
Dean Martin Drive Dr. Las Vegas, NV. This new location would improve the company
image, visibility and logistics for transporting customers to their office. RSVP , LLC is
also in talks with a Las Vegas Strip Casino to establish a joint venture at the Casino to
sell timeshares on site.
sales to $100,000 per month and to achieve annual profit, net after taxes, of $500,000 by
the end of 2012. Its Long term objectives are: to increase sales to $400,000 per month

2.4 Ownership
3. Products
RSVP , LLC is involved in 4 distinct activities:
1. Selling Foreclosed Timeshares on Consignment
2. Exchanging Timeshares
3. Booking Mini Vacation Tours for Strip Casinos
4. Marketing and Selling Tours to other Timeshare companies
3.1 Product Overview
RSVP, LLC will be reselling timeshares from various RCI resorts that have have been
foreclosed upon by the lender. We will mainly focus on 5 Hawaiian resorts and 1 resort
in the Poconos due to the lower annual HOA costs which will make them more attractive
to buyers. All timeshares will be sold on a Consignment Basis.
The most attractive characteristic of our timeshares is the price. Because they have been
sold before by our competitors for $30,000-$40,000 and we will be offering them on
average about $8,000.00. Roughly 60%-75% off the price. Our cost for these timeshares
are as low as $1.
All buyers will qualify, and we will carry the financing. If the seller defaults we can turn
around and resell the property again without any hassle of property owners not moving
out.
We can offer 100% financing because the down payment and closing costs can be put on
an RCI credit card for all qualified buyers.
We will be selling overbooked tours to other timeshare companies.
3.2 Competitive Analysis
There is only one other company that is our competitor in this Timeshare Foreclosure
Resellers Market and they have recently suffered the loss of its Sales Manager and half of
its Sales staff due to managements decisions to buy lower quality tours and an
entrepreneurial drive to run their own company.
There is a marketing company that is booking tours and we can buy from them. All other
players are selling their timeshares from their inventory at full price.
3.3 Suppliers and Inventory
We will be purchasing our inventory of timeshares from RCI resorts located in the
Poconos and 5 resorts from the Aloha Club in Hawaii for now and more locations are in
negotiations. We will not have to pay any money for our inventory until we have sold
them to a new buyer.
3.4 Research and Development
Our management staff has over 40 years of timeshare experience and have hit every
bump in the road to find out what sells and what draws in new consumers and what does
not. Our broker has 18 years of experience and works closely with the State Board of
Real Estate to make sure that all deals and employees are in compliance with state
timeshare resales and licensing laws
4. Services
We will be providing shuttle bus service to and from our location free of charge as a
convenience to make sure that the potential buyers attend our presentation. We will offer
guaranteed financing. We will be financing our deals at 29% interest and we will make it
easy for payments by offering auto debits from the debit or credit cards and checking
accounts. We will also be able to sign potential buyers up with an RCI credit card to finance
their down payment. We will be offering gifts to those that attend as compensation for their
time.
4.1 Service Descriptions
Our Shuttle bus service keeps us in control of how long it takes our guests to arrive and
that they are in attendance for our presentation.
Our guaranteed financing program will make it easier for customers to purchase our
timeshares while our RCI credit card program we can offer people 100% financing with
no money out of pocket. This credit card will allow them to finance the down payment
and closing costs, so that they can spend the money on their current vacation in Las
Vegas.
4.2 Competitive Comparison
Our competitors rely on taxi cabs which are very unreliable because they are usually low
fares and most potential customers have to wait an extra 25-45 minutes and are usually
late for their scheduled presentation.
Without the RCI card our competitors force their buyers to decide whether to spend the
money on their vacation or buying the timeshare. This puts us in a much better position
to close deals. We will offer better gifts and more choices for people to select from at
lower prices than any other timeshare company which is good for the clients and our
bottom line.
4.3 Service Delivery
Our ability to finance deals ourselves and offer 100% financing, having our own shuttle
bus, better gifts and mini vacations will enable us to service our customers better than
any of competitors.
4.4 Research and Development
Our broker and sales staff have over 40 years of experience in the timeshare industry and
have seen all the ideas, promotions and tricks of the trade. Their experience will save us
time and money when it comes to sales and marketing for new clients.
5. The Industry, Competition and Market

The Timeshare industry is becoming bigger than ever despite the economy. People still want
to vacation but do not want the hassles of ownership. Generation Y is finding it more
affordable than to go to exotic locations that there ancestors could not afford. The industry is
having a growth spurt especially in Las Vegas. But the real potential is in timeshare reselling.
With prices at 75% discount, selling these luxury resorts has become easier than ever. More
mini-vacations are being booked daily. Mini-vacations allow guests to fly to Las Vegas and
stay at a Strip Casino for reduced rates as incentive to sit through the timeshare presentation.
These mini-vacations increase the number of guests at the Vegas Strip Casinos, while
requiring the visitors to sit through a timeshare presentation it is a win-win for all parties.
5.1 Industry Definition
The concept of vacation ownership originated in the 1960's. Now, it is firmly positioned
as one of the most popular vacation options enjoyed by today's leisure travelers.
Timeshare owners have an ever-expanding range of travel options to choose from,
allowing them to design their own vacations and enjoy some of the most exciting and
appealing destinations around the globe.
Millions of owners have found timeshare resorts' spacious floor plans and home-like
amenities very attractive when compared with traditional hospitality products. Most units
include a fully equipped kitchen with dining area, washer and dryer, stereo, televisions,
DVD's and more.
While most vacation ownership condominiums have two bedrooms and two baths, unit
sizes range from studios to three or more bedrooms. Truly a home away from home,
vacation ownership provides the space and flexibility needed to easily accommodate
families and larger traveling parties.
With vacation ownership, consumers make a one-time purchase of furnished resort
accommodations, at a fraction of whole ownership costs, and pay an annual maintenance
fee. Each condominium, or unit, of a vacation ownership resort is divided into intervals,
either by the week or points equivalent, which are sold separately.
Accommodations are priced according to a variety of factors, including size of the unit,
resort amenities, location and season. The purchaser owns the vacation accommodations but only for the amount of time he or she plans to use it, typically one or two weeks each
year. With timeshare, the owner has all the benefits of a vacation home without the
year-round costs. From its origin, the idea behind timesharing was to give people the
ability to purchase their future vacations - at current prices.
5.2 Primary Competitors
The Berkley Group
Bluegreen Resorts
Diamond Resorts International
Wyndham Vacation Ownership
Half Price Time Shares
Disney Vacation Club

Royal Aloha Vacation Club
5.3 Market Size
Timeshare Owners:
More than 7 million vacation intervals owned in the U.S.
Close to 7 million worldwide now own a vacation interval, more than 5,000 resorts in
almost 100 countries
Timeshare owners tend to be upper-middle-income (median income of around
$80,000), middle-aged (median age 53) and well educated (at least a bachelor's degree).
Satisfaction Ratings:
Timeshare continues to have satisfaction rates close to 85%, with nearly 60% saying they
would recommend timeshare ownership to others.
Location of Resorts:
There are more than 5,000 resorts worldwide, with more than 1,600 of them in the United
States.
5.4 Market Growth
WASHINGTON, April 12 /PRNewswire/ -- The American Resort Development
Association (ARDA) today released a market analysis of the United States
Timeshare Industry that found that the industry continues to grow at the same
strong pace that it has enjoyed over the past few decades. The domestic
industry grew by 12.4% in 1998 and by nearly 1,000% since 1980 making
timesharing, or vacation ownership, the fastest growing segment of the travel
and tourism industry.
The United States continues to be the world leader in vacation ownership
with over 2 million owners. In 1998 alone, more than 300,000 American families
discovered that vacation ownership was the new way to vacation. There are more
than 1,600 resorts in the U.S. and domestic sales are estimated at
$3.06 billion.
Vacation Ownership has become the vacation option of choice among baby
boomers. The average age of today's timeshare buyer is 49 years old. It is
estimated that more than 75 million Americans will turn 50 during the next 20
years. With the largest concentration of vacation ownership's key demographic
coming of age over the next twenty years, the timeshare industry can expect
continued sustained and significant growth.
"More and more American families are discovering that vacation ownership
is both an affordable and desirable way to vacation. When you add it all up,
it makes a lot of sense," noted incoming ARDA Chairman Robert "Bob" Miller.
"The growth patterns that the industry has experienced and the coming of age
of baby-boomers tell us that the timeshares will continue to be the vacation
option of choice for many years to come."

ARDA also reports that a separate survey of 2,653 owners found that
vacation ownership enjoys high approval ratings from its owners and is
achieving remarkable levels of consumer satisfaction in the hospitality
industry. Over 85% of timeshare owners report that they are satisfied or very
satisfied with their vacation purchases.
"Vacation Ownership offers the quality, flexibility, and affordability
that people are looking for in their vacations," said ARDA President Cynthia
Huheey. "The quality of accommodations, convenience of exchange, and the
affordability of ownership makes timeshares an attractive and popular purchase
for Americans today."
The 1998 sales figures were calculated by the American Economics Group,
which is located in Washington, DC. As the professional association of the
recreational real estate, resort and vacation ownership industry, ARDA
represents more than 1,000 companies and 4,000 resorts worldwide. Members
include second-home resorts, community development properties, vacation time
share resorts and fractional interests.
SOURCE American Resort Development Association

5.5 Customer Profile
Timeshare Owners:
More than 7 million vacation intervals owned in the U.S.
Close to 7 million worldwide now own a vacation interval, more than 5,000 resorts in
almost 100 countries
Timeshare owners tend to be upper-middle-income (median income of around
$80,000), middle-aged (median age 53) and well educated (at least a bachelor's degree).
What are the demographics of Timeshare owners these days?
* The median timeshare owner is 49 years of age
* More than 8 of 10 owners are married, 80% of which have 2 to 4 children
* More than 1/3 work in a professional occupation, +10% work in managerial positions
* Over 65% of the Timeshare owners have incomes between $50,000 and $150,000
* The average home value for primary residents is approximately $250,000
* Over 40% of Timeshare owners own more than one interval
* Almost 90% of Timeshare owners own a home computer and have Internet access
* In 2001 approximately 300,000 intervals were sold to 200,000 consumers in the U.S.
* Up to 27% of the current Timeshare purchases are made in the secondary market
* The most popular vacation activities in order are: Shopping, site seeing, swimming,
workout, golfing, hiking, spa, snorkeling, biking,
fishing, sailing, horseback, snow
skiing, tennis, other.
* 60% of all Timeshare owners are associated with beach resorts, with 20% associated
with snow skiing resorts.
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6. Marketing Plan
RSVP's marketing has a multi pronged approach. The first consists of individuals marketers
on the strip offering free cruises and other gift premiums to tourists as a reward for viewing a
timeshare presentation. The second prong is telemarketing and mailers to reach potential
customers while at home. The third prong of marketing will have individual marketers and
sign spinners at various venues and malls offering the same premiums offered to tourists to
entice the residents of Las Vegas to view their timeshare presentations.
RSVP's has arranged exclusive Mini vacations to fly in potential customers by offering
reduced prices on flights and nights at the local casinos in exchange for viewing a timeshare
presentation.
We also have special pricing for trips to Hawaii that will gives an edge over our competitors.
6.1 Competitive Advantage
Unlike our competitors we will have individual marketers and sign spinners at various
venues and malls offering the same premiums offered to tourists to entice the residents of
Las Vegas to view their timeshare presentations.
We will also have exclusive Mini vacations to fly in potential customers by offering
reduced prices on flights and nights at the local casinos in exchange for viewing a
timeshare presentation.
We also have special pricing for trips to Hawaii that will gives an edge over our
competitors.
RSVP also has exclusive rights to tours of other competitors that did not buy from them
because of their prices are much higher than ours. Another advantage is we have a
vacation club that is much cheaper than a timeshare that will allow our customers to try
RCI resorts before making the commitment to buy a timeshare.
6.2 Pricing
Our competition sells their timeshares in a range of $35,000-$40,000 for 1 vacation
weeks per year. Our price range is $8,000 to $10,000 dollars for the same 1 week of
vacation. We pay less for our premium gifts because of volume discounts and we offer
gifts and cruises that no other timeshare company can offer.
We sell our timeshares on a consignment basis. We don't buy our timeshare inventory
until we sell it so we don't spend any money out of our pocket until the customers
actually purchase the timeshare unit.
We have agreements with RCI resorts in Hawaii, Florida and Pennsylvania that have
lower than normal annual maintenance fees.
6.3 Distribution Channels
RSVP has contracts to sell foreclosed timeshare units from RCI resorts and II resorts. We
do not pay for our inventory until it is sold and a down payment of 20% is made. We
facilitate the paperwork and contracts. We explain to the customer how the timeshares
work. We have agreements with RCI resorts in Hawaii, Florida and Pennsylvania that
have lower than normal annual maintenance fees.
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6.4 Promotional Plan

RSVP's marketing has a multi pronged approach. The first consists of individuals
marketers on the strip offering free cruises and other gift premiums to tourists as a reward
for viewing a timeshare presentation. The second prong is telemarketing and mailers to
reach potential customers while at home. The third prong of marketing will have
individual marketers and sign spinners at various venues and malls offering the same
premiums offered to tourists to entice the residents of Las Vegas to view their timeshare
presentations.
RSVP's has arranged exclusive Mini vacations to fly in potential customers by offering
reduced prices on flights and nights at the local casinos in exchange for viewing a
timeshare presentation.
We also have special pricing for trips to Hawaii that will gives an edge over our
competitors.
6.5 Feedback
We are a startup company without products to test. Our buyers will buy because of our
prices. We are selling the same timeshares at 75% off. The resorts are the same. The
network is the same and our customers will have the satisfaction of knowing they paid so
little for the same timeshare and we will get many referrals from our happy customers.
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7. Operating Plan
RSVP, LLC is currently operating out of my Liberty Tax office located at 5645 S. Eastern
Ave #3. The rent and utilities are currently being paid by my other company DeMarco
Enterprises Sole-Proprietorship. We are using this office for a soft opening to test our
marketing strategy, customer reaction and processes. We want to start full scale operations in
our new facility located on Dean Martin Drive near Caesars Palace but to do so we need to
acquire some additional funds.
7.1 Location
Our current location is good location for making presentations to local Nevada residents
who do not want to venture down to the Las Vegas strip. Our second location would be
more logistically friendly to our customers because of the short shuttle bus ride while
never losing site of the strip. They are on vacation so the less time we take to transport
them the better.
7.2 Facility
Our current location is a 1,600 square foot retail office space on a high traffic
concentration street. This location is good for timeshare presentations to locals. We
currently have 13 months remaining on the lease which is over 1 per sq ft per month,
which is higher than the going rate for the amount of foot traffic. We anticipate a new
lease at a location that is less expensive and has higher traffic volumes.
Our new location on Dean Martin is move in ready and is perfect for showing timeshare
presentations to any customers. We are close to the strip for tourists and our local
customers can avoid the strip traffic. The new location is also a triple net lease that has
high visibility for our signs because it is located off the I15 Interstate.
7.3 Operating Equipment
We will using my current office supplies, computers for contracts, office equipment such
as phones, copiers and printers etc and office furniture that includes desks, tables wall
mounted flat screen TV's for making presentations. We will be replacing all items when
sales allow for the expenditures.
Our new office does not need any repairs. The only thing needed is banners for mounting
outside till we can afford more permanent signage.
7.4 Suppliers and Vendors
Our inventory will be sold on consignment and held at three locations, Hawaii, Florida
and Pennsylvania. We chose these resorts based on their low annual maintenance fees to
save our clients money. It does not matter to them which resort they buy because for a
small fee they can exchange resorts and upgrade to a 5 star resort any where in the world.
7.5 Personnel Plan
All personnel will be paid on a commission basis for work performed or booked tours.
After 3 months we will revisit the salaries for officers and principals.
We will employ 2 receptionists each at $10.00 per hour plus bonus. We will start with
one receptionist for the first 3 months while we are operating on a 4 days per week
schedule. When we expand to 7 days a week we will add the second receptionist and
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other support staff as we grow,

7.6 General Operations
RSVP, LLC will operate on a 4 day a week schedule to start. We will have marketers
booking tours Thursday through Sunday booking tours for Friday through Monday. We
will have two waves of tours at 9 am and the second at 1 PM . Each wave will have 4
couples. 8 tours per day, four days a week. If we overbook those days we can sell off the
extra tours to our competitors for $100-$300 each.
When we expand the first addition would be to add a third wave to each day and have 12
tours a day. Once we outpace this level we would expand to a 7 day operation with 2
waves again.
We would eventually like to get to 7 days a week, 3 waves of tours, 4 couples per wave
for a total of 84 tours per week. Then sell any remaining tours.
We will also be trying to sell to those who did not buy from our competitors with our
exclusive No Buy program.
14
8. Management, Organization and Ownership

The owners of the company are new to the timeshare industry but Robert Miramontes has
been a broker for almost 40 years and has been in the timeshare industry for over 18 years.
RSVP, LLC will rely heavily on Bob's expertise in implementing procedure and operating
the company. Bob works very closely with the State of Nevada Real Estate Board to ensure
compliance with state laws and to maintain the integrity of company operations.
8.1 Management/Principals
Mr. DeMarco has over 23 years as an Accountant and is an Entrepreneur who has run
several businesses including the current Liberty Tax franchise located at Eastern and
Russell.
Ms. Bissen has over 20 years of owning and operating several successful 501c Non Profit
Corporations, as well as For Profit businesses. She is highly regarded in the Las Vegas
community for her work with local charity organizations and various festivals. She
coordinates events and organizes the efforts of hundreds of volunteers. Her strengths
include Project Management and Marketing.
Mr Miramontes has started Timeshare Resale companies for BlueGreen Resorts,
Diamond International Resorts and others. He has has been a broker for almost 40 years
and has been in the timeshare industry for over 18 years. RSVP, LLC will rely heavily on
Bob's expertise in implementing procedure and operating the company. Bob works very
closely with the State of Nevada Real Estate Board to ensure compliance with state laws
and to maintain the integrity of company operations.
8.2 Organizational Structure

Mr DeMarco and Ms Bissen will divide management responsibilities. Ms Miramontes
will oversee the implementation of Sales and Marketing, while Mr DeMarco will oversee
Accounting and Transportation. Both will oversee the management of personnel.
Mr Miramontes will hire people to replace himself and once satisfied he has the proper
people in place he will take on the role of consultant and meet once a week to make sure
that the company is being run with the same manner of professionalism.
8.3 Professional Consultants
Mr Miramontes will be retained as a consultant to assist in matters of compliance and
will work closely with RSVP, LLC to make sure that the procedures that he put in place
are still being utilized.
8.4 Ownership and Boards
Currently, Mr. DeMarco and Ms. Bissen are the sole owners, officers, and directors of
the company. Recently the duo secured the companies first investor and franchisee.
Johanna Amorin, who is a well respected business woman in the state of Hawaii, has
elected to give a capital infusion to RSVP of $25,000. In return she will receive 20%
ownership in the company and the first franchise of RSVP. The remaining 80% will be

split evenly between John DeMarco and Tieri Bissen. Mr. Miramontes will be the
Manager of the LLC and will oversee the day to day operations but does not have a
percentage of ownership.
15
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9. Goals and Strategies

RSVP, LLC is expecting rapid growth in the first three months due to the fact that they are
combining over 20 years of experience and proven relationships that are already under
contract that will provide RSVP, LLC them to use several marketing techniques to bring new
customers to their doors.
The company's Short Term Objectives (within the next three months) are to increase sales to
$100,000 per month and to achieve annual profit, net after taxes, of $1.600,000 by the end of
2012. Its Long term objectives are: to increase sales to $400,000 per month and expanding its
operations nationwide.
9.1 Business Goals
sales to $100,000 per month and to achieve annual profit, net after taxes, of $1.600,000
by the end of 2012. Its Long term objectives are: to increase sales to $400,000 per month
9.2 Keys to Success
A few critical elements for RSVP, LLC is to rely on the experienced guidance of Mr.
Miramontes. This is the third timeshare company that he has successfully started. Once
up and running, following those procedures will guide the company to long term growth
and success, while maintaining the integrity of the company. The marketing department
must meet its goals on a daily basis to drive potential customers to the office for
timeshare presentations.
9.3 Future Plans
RSVP, LLC has plans to expand operations from 4 days a week to 7, with 3 tours a day.
After reaching its peak amount of tours, the company has plans to open offices in San
Diego, Anaheim and Bakersfield. Once those offices are open the company will continue
to expand into areas that offer high sales volumes and potential buyers.
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10. Financial Assumptions

The enclosed financials are based on several assumptions. That RSVP, LLC will secure the
$75,000 loan necessary to rent the new office space, purchase a new shuttle bus and purchase
enough tours to meet their daily goals and sales goals.
10.1 Assumptions
Profit & Loss
Income - The enclosed financials are based on several assumptions. They assume that the
marketing department will provide the 4 tours for each wave. 8 tours per day and 40 tours
per week with a fifth day added. We are also assuming a low closing rate of sales of only
30%. In addition to assuming that the average sales price of $8000. We are also
assuming that we will sell 1 vacation club per week at $995. for those that do not buy a
timeshare unit.
11. Appendix
This section contains the following reports and supporting documentation:
Income Projection
Expense Projection
Profit & Loss
Balance Sheet
Cash Plan
Ratio Analysis
18

Income Projection
For year ending March, 2013
Income Category
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 1
Timeshare Sale
72,000
96,000
152,000
248,000
304,000
320,000
344,000
328,000
352,000
360,000
400,000
2,976,000
Tours Sold
900
1,200
1,900
3,100
3,800
4,000
4,300
4,100
4,400
4,500
5,000
37,200
Travel Club Sales
4,500
5,400
7,500
10,800
12,900
13,500
14,400
13,800
14,700
15,000
16,500
129,000
Finance Charges
390
1,239
3,022
6,327
11,498
18,633
27,881
39,142
52,563
68,195
86,282
315,172
Total Income
77,790
103,839
164,422
268,227
332,198
356,133
390,581
385,042
423,663
447,695
507,782
3,457,372
19

Income Projection
Income Category
Timeshare Sale
Tours Sold
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 2
416,000
360,000
376,000
312,000
328,000
334,400
352,000
378,400
360,800
387,200
396,000
440,000
4,440,800
5,200
990
1,320
2,090
3,410
4,180
4,400
4,730
4,510
4,840
4,950
5,500
46,120
Travel Club Sales
17,100
4,950
5,940
8,250
11,880
14,190
14,850
15,840
15,180
16,170
16,500
18,150
159,000
Finance Charges
106,924
130,511
186,527
218,955
218,955
254,329
292,650
333,918
378,132
425,294
475,401
528,456
3,550,052
Total Income
545,224
496,451
569,787
541,295
562,245
607,099
663,900
732,888
758,622
833,504
892,851
992,106
8,195,972
20

Income Projection
Income Category
Timeshare Sale
Tours Sold
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 3
457,600
396,000
413,600
343,200
360,800
367,840
387,200
416,240
396,880
425,920
435,600
484,000
4,884,880
5,720
1,089
1,452
2,299
3,751
44,598
4,840
5,203
4,961
5,324
5,445
6,050
90,732
19,965
174,900
Travel Club Sales
18,810
5,445
6,534
9,075
13,068
15,609
16,335
17,424
16,698
17,787
18,150
Finance Charges
584,457
643,405
705,299
770,140
837,928
908,662
982,344
1,058,971
1,138,546
1,221,067
1,306,535
1,394,949 11,552,303
1,066,587
1,045,939
1,126,885
1,124,714
1,215,547
1,336,709
1,390,719
1,497,838
1,557,085
1,670,098
1,765,730
1,904,964 16,702,815
Total Income
21

Income Projection
Income Category
Timeshare Sale
Tours Sold
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 4
503,360
435,600
454,960
377,520
396,880
404,624
425,920
457,864
436,568
468,512
479,160
532,400
5,373,368
6,292
1,198
1,597
2,529
4,126
5,058
5,324
5,723
5,457
5,856
5,989
6,655
55,804
21,962
192,392
Travel Club Sales
20,691
5,990
7,187
9,983
14,375
17,170
17,969
19,166
18,368
19,566
19,965
Finance Charges
1,486,310
1,580,618
1,677,872
1,778,074
1,881,221
1,987,316
2,096,357
2,208,345
2,323,279
2,441,160
2,561,988
2,685,762 24,708,302
Total Income
2,016,653
2,023,406
2,141,616
2,168,106
2,296,602
2,414,168
2,545,570
2,691,098
2,783,672
2,935,094
3,067,102
3,246,779 30,329,866
22

Income Projection
Income Category
Timeshare Sale
Tours Sold
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 5
553,696
479,160
500,456
415,272
436,568
445,086
468,512
503,650
480,225
515,363
527,076
585,640
5,910,704
6,921
1,318
1,757
2,782
4,539
5,564
5,856
6,296
6,003
6,442
6,588
7,321
61,387
24,158
211,629
Travel Club Sales
22,760
6,588
7,906
10,981
15,812
18,887
19,765
21,083
20,205
21,522
21,962
Finance Charges
2,812,484
2,942,151
3,074,766
3,210,327
3,348,835
3,490,289
3,634,690
3,782,038
3,932,332
4,085,574
4,241,761
4,400,896 42,956,143
Total Income
3,395,861
3,429,217
3,584,885
3,639,362
3,805,754
3,959,826
4,128,823
4,313,067
4,438,765
4,628,901
4,797,387
5,018,015 49,139,863
23

Expense Projection
Expense Category
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 1
Salaries
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
38,500
Payroll Taxes
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
11,550
Timeshares COGS
3,600
4,800
7,600
12,400
15,200
16,000
17,200
16,400
17,600
18,000
20,000
148,800
Commissions 10%
7,200
9,600
15,200
24,800
30,400
32,000
34,400
32,800
35,200
36,000
40,000
297,600
Overrides Principals 10%
7,200
9,600
15,200
24,800
30,400
32,000
34,400
32,800
35,200
36,000
40,000
297,600
Overrides Managers 4%
2,880
3,840
6,080
9,920
12,160
12,800
13,760
13,120
14,080
14,400
16,000
119,040
Office Expenses 1%
720
960
1,520
2,480
3,040
3,200
3,440
3,280
3,520
3,600
4,000
29,760
Rent Triple Net Lease
3,792
3,792
3,792
3,792
3,792
3,792
3,792
3,792
3,792
3,792
3,792
41,712
Computer Exp
1,500
1,500
1,500
1,500
6,028
Cab Fair & Transportation
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
66,176
Accountant
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
23,500
Auto Leases
800
800
800
800
800
800
800
800
800
800
800
8,800
Tours Expense
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
35,200
Mini Vacation Expenses
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
38,500
Travel Club Expense
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
35,200
Premiums
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
35,200
Total Expenses
52,974
60,174
78,882
105,774
121,078
127,786
133,078
128,278
137,386
137,878
149,878
1,233,166
24

Expense Projection
Expense Category
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 2
Salaries
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Payroll Taxes
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
12,600
Timeshares COGS
20,800
18,000
18,800
15,600
16,400
16,720
17,600
18,920
18,040
19,360
19,800
22,000
222,040
Commissions 10%
41,600
36,000
37,600
31,200
32,800
33,440
35,200
37,840
36,080
38,720
39,600
44,000
444,080
41,600
36,000
37,600
31,200
32,800
33,440
35,200
37,840
36,080
38,720
39,600
44,000
444,080
16,640
14,400
15,040
12,480
13,120
13,376
14,080
15,136
14,432
15,488
15,840
17,600
177,632
Office Expenses 1%
4,160
3,600
3,760
3,120
3,280
3,344
3,520
3,784
3,608
3,872
3,960
4,400
44,408
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
73,104
Computer Exp
48
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
73,216
Accountant
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
26,000
800
800
800
800
800
800
800
800
800
800
800
800
9,600
Tours Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Travel Club Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Premiums
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
166,086
147,378
152,178
134,886
137,778
139,698
146,886
152,898
147,618
157,446
158,178
171,378
1,812,408
Auto Leases
Total Expenses
25

Expense Projection
Expense Category
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 3
Salaries
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Payroll Taxes
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
12,600
Timeshares COGS
22,880
19,800
20,680
17,160
18,040
18,392
19,360
20,812
19,844
21,296
21,780
24,200
244,244
Commissions 10%
45,760
39,600
41,360
34,320
36,080
36,784
38,720
41,624
39,688
42,592
43,560
48,400
488,488
45,760
39,600
41,360
34,320
36,080
36,784
38,720
41,624
39,688
42,592
43,560
48,400
488,488
18,304
15,840
16,544
13,728
14,432
14,714
15,488
16,650
15,875
17,037
17,424
19,360
195,396
Office Expenses 1%
4,576
3,960
4,136
3,432
3,608
3,678
3,872
4,162
3,969
4,259
4,356
4,840
48,848
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
73,104
Computer Exp
48
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
73,216
Accountant
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
26,000
800
800
800
800
800
800
800
800
800
800
800
800
9,600
Tours Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Travel Club Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Premiums
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
178,566
158,178
163,458
144,246
147,618
149,730
157,446
164,250
158,442
169,062
170,058
184,578
1,945,632
Auto Leases
Total Expenses
26

Expense Projection
Expense Category
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 4
Salaries
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Payroll Taxes
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
12,600
Timeshares COGS
25,168
21,780
22,748
18,876
19,844
20,231
21,296
22,893
21,828
23,425
23,958
26,620
268,667
Commissions 10%
50,336
43,560
45,496
37,752
39,688
40,462
42,592
45,786
43,656
46,851
47,916
53,240
537,335
50,336
43,560
45,496
37,752
39,688
40,462
42,592
45,786
43,656
46,851
47,916
53,240
537,335
20,134
17,424
18,198
15,101
15,875
16,185
17,037
18,315
17,463
18,741
19,166
21,296
214,935
Office Expenses 1%
5,034
4,356
4,550
3,775
3,969
4,046
4,259
4,579
4,366
4,685
4,792
5,324
53,735
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
73,104
Computer Exp
48
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
73,216
Accountant
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
26,000
800
800
800
800
800
800
800
800
800
800
800
800
9,600
Tours Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Travel Club Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Premiums
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
192,294
170,058
175,866
154,542
158,442
160,764
169,062
176,737
170,347
181,839
183,126
199,098
2,092,175
Auto Leases
Total Expenses
27

Expense Projection
Expense Category
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 5
Salaries
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Payroll Taxes
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
12,600
Timeshares COGS
27,685
23,958
25,023
20,764
21,828
22,254
23,426
25,182
24,011
25,768
26,354
29,282
295,535
Commissions 10%
55,370
47,916
50,046
41,527
43,657
44,509
46,851
50,365
48,022
51,536
52,708
58,564
591,071
55,370
47,916
50,046
41,527
43,657
44,509
46,851
50,365
48,022
51,536
52,708
58,564
591,071
22,148
19,166
20,018
16,611
17,463
17,803
18,740
20,146
19,209
20,615
21,083
23,426
236,428
Office Expenses 1%
5,537
4,792
5,005
4,153
4,366
4,451
4,685
5,037
4,802
5,154
5,271
5,856
59,109
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
73,104
Computer Exp
48
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
73,216
Accountant
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
26,000
800
800
800
800
800
800
800
800
800
800
800
800
9,600
Tours Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Travel Club Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Premiums
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
207,396
183,126
189,516
165,868
170,349
172,904
181,839
190,473
183,444
195,895
197,502
215,070
2,253,382
Auto Leases
Total Expenses
28

Profit & Loss Statement
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 1
Income
77,790
103,839
164,422
268,227
332,198
356,133
390,581
385,042
423,663
447,695
507,782
3,457,372
Gross profit
77,790
103,839
164,422
268,227
332,198
356,133
390,581
385,042
423,663
447,695
507,782
3,457,372
Salaries
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
38,500
Payroll Taxes
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
11,550
Timeshares COGS
3,600
4,800
7,600
12,400
15,200
16,000
17,200
16,400
17,600
18,000
20,000
148,800
Commissions 10%
7,200
9,600
15,200
24,800
30,400
32,000
34,400
32,800
35,200
36,000
40,000
297,600
7,200
9,600
15,200
24,800
30,400
32,000
34,400
32,800
35,200
36,000
40,000
297,600
2,880
3,840
6,080
9,920
12,160
12,800
13,760
13,120
14,080
14,400
16,000
119,040
Office Expenses 1%
720
960
1,520
2,480
3,040
3,200
3,440
3,280
3,520
3,600
4,000
29,760
3,792
3,792
3,792
3,792
3,792
3,792
3,792
3,792
3,792
3,792
3,792
41,712
Computer Exp
1,500
1,500
1,500
1,500
6,028
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
66,176
Accountant
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
23,500
Auto Leases
800
800
800
800
800
800
800
800
800
800
800
8,800
Tours Expense
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
35,200
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
38,500
Travel Club Expense
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
35,200
Premiums
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
3,200
35,200
Bad debts
2,334
3,115
4,933
8,047
9,966
10,684
11,717
11,551
12,710
13,431
15,233
103,721
Operating expenses:
Depreciation
75
75
75
75
75
75
75
75
75
75
75
75
900
75
55,383
63,364
83,890
113,896
131,119
138,545
144,870
139,904
150,171
151,384
165,186
1,337,787
Operating income
(75)
22,407
40,475
80,532
154,331
201,079
217,588
245,711
245,138
273,492
296,311
342,596
2,119,585
Net income
(75)
22,407
40,475
80,532
154,331
201,079
217,588
245,711
245,138
273,492
296,311
342,596
2,119,585
Total operating expenses
29

Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 2
Income
545,224
496,451
569,787
541,295
562,245
607,099
663,900
732,888
758,622
833,504
892,851
992,106
8,195,972
Gross profit
545,224
496,451
569,787
541,295
562,245
607,099
663,900
732,888
758,622
833,504
892,851
992,106
8,195,972
Salaries
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Payroll Taxes
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
12,600
Timeshares COGS
20,800
18,000
18,800
15,600
16,400
16,720
17,600
18,920
18,040
19,360
19,800
22,000
222,040
Commissions 10%
41,600
36,000
37,600
31,200
32,800
33,440
35,200
37,840
36,080
38,720
39,600
44,000
444,080
41,600
36,000
37,600
31,200
32,800
33,440
35,200
37,840
36,080
38,720
39,600
44,000
444,080
Operating expenses:
16,640
14,400
15,040
12,480
13,120
13,376
14,080
15,136
14,432
15,488
15,840
17,600
177,632
Office Expenses 1%
4,160
3,600
3,760
3,120
3,280
3,344
3,520
3,784
3,608
3,872
3,960
4,400
44,408
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
73,104
48
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
73,216
Accountant
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
26,000
800
800
800
800
800
800
800
800
800
800
800
800
9,600
Tours Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Travel Club Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Computer Exp
Auto Leases
Premiums
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Bad debts
16,357
14,894
17,094
16,239
16,867
18,213
19,917
21,987
22,759
25,005
26,786
29,763
245,879
Depreciation
75
75
75
75
75
75
75
75
75
75
75
75
900
182,518
162,347
169,347
151,200
154,720
157,986
166,878
174,960
170,452
182,526
185,039
201,216
2,059,187
Operating income
362,706
334,104
400,440
390,095
407,525
449,113
497,022
557,928
588,170
650,978
707,812
790,890
6,136,785
Net income
362,706
334,104
400,440
390,095
407,525
449,113
497,022
557,928
588,170
650,978
707,812
790,890
6,136,785
30

Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Income
1,066,587
1,045,939
1,126,885
1,124,714
1,215,547
1,336,709
1,390,719
1,497,838
1,557,085
1,670,098
1,765,730
1,904,964 16,702,815
Mar
Year 3
Gross profit
1,066,587
1,045,939
1,126,885
1,124,714
1,215,547
1,336,709
1,390,719
1,497,838
1,557,085
1,670,098
1,765,730
1,904,964 16,702,815
Salaries
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
Payroll Taxes
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
12,600
Timeshares COGS
22,880
19,800
20,680
17,160
18,040
18,392
19,360
20,812
19,844
21,296
21,780
24,200
244,244
Commissions 10%
45,760
39,600
41,360
34,320
36,080
36,784
38,720
41,624
39,688
42,592
43,560
48,400
488,488
45,760
39,600
41,360
34,320
36,080
36,784
38,720
41,624
39,688
42,592
43,560
48,400
488,488
Operating expenses:
42,000
18,304
15,840
16,544
13,728
14,432
14,714
15,488
16,650
15,875
17,037
17,424
19,360
195,396
Office Expenses 1%
4,576
3,960
4,136
3,432
3,608
3,678
3,872
4,162
3,969
4,259
4,356
4,840
48,848
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
73,104
48
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
73,216
Accountant
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
26,000
800
800
800
800
800
800
800
800
800
800
800
800
9,600
Tours Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Travel Club Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Computer Exp
Auto Leases
Premiums
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Bad debts
31,998
31,378
33,807
33,741
36,466
40,101
41,722
44,935
46,713
50,103
52,972
57,149
501,084
Depreciation
75
75
75
75
75
75
75
75
75
75
75
75
900
210,639
189,631
197,340
178,062
184,159
189,906
199,243
209,260
205,230
219,240
223,105
241,802
2,447,616
Operating income
855,948
856,308
929,545
946,652
1,031,388
1,146,803
1,191,476
1,288,578
1,351,855
1,450,858
1,542,625
1,663,162 14,255,199
Net income
855,948
856,308
929,545
946,652
1,031,388
1,146,803
1,191,476
1,288,578
1,351,855
1,450,858
1,542,625
1,663,162 14,255,199
31

Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Income
2,016,653
2,023,406
2,141,616
2,168,106
2,296,602
2,414,168
2,545,570
2,691,098
2,783,672
2,935,094
3,067,102
3,246,779 30,329,866
Mar
Year 4
Gross profit
2,016,653
2,023,406
2,141,616
2,168,106
2,296,602
2,414,168
2,545,570
2,691,098
2,783,672
2,935,094
3,067,102
3,246,779 30,329,866
Salaries
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
Payroll Taxes
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
12,600
Timeshares COGS
25,168
21,780
22,748
18,876
19,844
20,231
21,296
22,893
21,828
23,425
23,958
26,620
268,667
Commissions 10%
50,336
43,560
45,496
37,752
39,688
40,462
42,592
45,786
43,656
46,851
47,916
53,240
537,335
50,336
43,560
45,496
37,752
39,688
40,462
42,592
45,786
43,656
46,851
47,916
53,240
537,335
Operating expenses:
42,000
20,134
17,424
18,198
15,101
15,875
16,185
17,037
18,315
17,463
18,741
19,166
21,296
214,935
Office Expenses 1%
5,034
4,356
4,550
3,775
3,969
4,046
4,259
4,579
4,366
4,685
4,792
5,324
53,735
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
73,104
48
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
73,216
Accountant
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
26,000
800
800
800
800
800
800
800
800
800
800
800
800
9,600
Tours Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Travel Club Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Computer Exp
Auto Leases
Premiums
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Bad debts
60,500
60,702
64,248
65,043
68,898
72,425
76,367
80,733
83,510
88,053
92,013
97,403
909,896
Depreciation
75
75
75
75
75
75
75
75
75
75
75
75
900
252,869
230,835
240,189
219,660
227,415
233,264
245,504
257,545
253,932
269,967
275,214
296,576
3,002,971
Operating income
1,763,784
1,792,571
1,901,427
1,948,446
2,069,187
2,180,904
2,300,066
2,433,553
2,529,740
2,665,127
2,791,888
2,950,203 27,326,895
Net income
1,763,784
1,792,571
1,901,427
1,948,446
2,069,187
2,180,904
2,300,066
2,433,553
2,529,740
2,665,127
2,791,888
2,950,203 27,326,895
32

Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Income
3,395,861
3,429,217
3,584,885
3,639,362
3,805,754
3,959,826
4,128,823
4,313,067
4,438,765
4,628,901
4,797,387
5,018,015 49,139,863
Mar
Year 5
Gross profit
3,395,861
3,429,217
3,584,885
3,639,362
3,805,754
3,959,826
4,128,823
4,313,067
4,438,765
4,628,901
4,797,387
5,018,015 49,139,863
Salaries
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
Payroll Taxes
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
1,050
12,600
Timeshares COGS
27,685
23,958
25,023
20,764
21,828
22,254
23,426
25,182
24,011
25,768
26,354
29,282
295,535
Commissions 10%
55,370
47,916
50,046
41,527
43,657
44,509
46,851
50,365
48,022
51,536
52,708
58,564
591,071
55,370
47,916
50,046
41,527
43,657
44,509
46,851
50,365
48,022
51,536
52,708
58,564
591,071
Operating expenses:
42,000
22,148
19,166
20,018
16,611
17,463
17,803
18,740
20,146
19,209
20,615
21,083
23,426
236,428
Office Expenses 1%
5,537
4,792
5,005
4,153
4,366
4,451
4,685
5,037
4,802
5,154
5,271
5,856
59,109
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
6,092
73,104
48
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
7,040
5,632
5,632
73,216
Accountant
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
2,500
2,000
2,000
26,000
800
800
800
800
800
800
800
800
800
800
800
800
9,600
Tours Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
42,000
Travel Club Expense
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Computer Exp
Auto Leases
Premiums
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
5,600
67,200
Bad debts
101,876
102,877
107,547
109,181
114,173
118,795
123,865
129,392
133,163
138,867
143,922
150,540
1,474,196
Depreciation
75
75
75
75
75
75
75
75
75
75
75
75
900
309,347
286,078
297,138
275,124
284,597
291,774
305,779
319,940
316,682
334,837
341,499
365,685
3,728,478
Operating income
3,086,514
3,143,139
3,287,747
3,364,238
3,521,157
3,668,052
3,823,044
3,993,127
4,122,083
4,294,064
4,455,888
4,652,330 45,411,385
Net income
3,086,514
3,143,139
3,287,747
3,364,238
3,521,157
3,668,052
3,823,044
3,993,127
4,122,083
4,294,064
4,455,888
4,652,330 45,411,385
33

Balance Sheet
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 1
1,628,236
Assets:
Current assets:
Cash
Accounts receivable (net)
Total current assets
Fixed assets (net)
300
38,165
177,268
371,714
584,085
834,670
1,070,775
1,343,850
1,628,236
75,456
100,724
159,489
260,180
322,232
345,449
378,864
373,491
410,953
434,264
492,549
492,549
300
75,456
100,724
159,489
298,346
499,500
717,163
962,948
1,208,161
1,481,728
1,778,114
2,120,785
2,120,785
4,425
4,350
4,275
4,200
4,125
4,050
3,975
3,900
3,825
3,750
3,675
3,600
3,600
4,725
79,806
104,999
163,689
302,471
503,550
721,138
966,848
1,211,986
1,485,478
1,781,789
2,124,385
2,124,385
52,674
37,392
15,550
52,674
37,392
15,550
52,674
37,392
15,550
Equity
4,725
27,132
67,607
148,139
302,471
503,550
721,138
966,848
1,211,986
1,485,478
1,781,789
2,124,385
2,124,385
Total liabilities and equity
4,725
79,806
104,999
163,689
302,471
503,550
721,138
966,848
1,211,986
1,485,478
1,781,789
2,124,385
2,124,385
Total assets
Liabilities and equity:
Current liabilities:
Line of credit
Total current liabilities
Total liabilities
34

Balance Sheet
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 2
1,954,699
2,336,188
2,665,568
3,083,375
3,470,653
3,876,333
4,318,333
4,809,418
5,372,701
5,951,119
6,601,439
7,296,127
7,296,127
528,867
481,557
552,693
525,056
545,378
588,886
643,983
710,901
735,863
808,499
866,065
962,343
962,343
2,483,566
2,817,746
3,218,261
3,608,431
4,016,031
4,465,219
4,962,316
5,520,319
6,108,565
6,759,617
7,467,505
8,258,470
8,258,470
Assets:
Current assets:
Cash
Fixed assets (net)
3,525
3,450
3,375
3,300
3,225
3,150
3,075
3,000
2,925
2,850
2,775
2,700
2,700
2,487,091
2,821,196
3,221,636
3,611,731
4,019,256
4,468,369
4,965,391
5,523,319
6,111,490
6,762,467
7,470,280
8,261,170
8,261,170
Equity
2,487,091
2,821,196
3,221,636
3,611,731
4,019,256
4,468,369
4,965,391
5,523,319
6,111,490
6,762,467
7,470,280
8,261,170
8,261,170
2,487,091
2,821,196
3,221,636
3,611,731
4,019,256
4,468,369
4,965,391
5,523,319
6,111,490
6,762,467
7,470,280
8,261,170
8,261,170
Total assets
Line of credit
Total liabilities
35

Balance Sheet
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Cash
8,079,904
8,956,315
9,807,418 10,756,250 11,699,605 12,728,956 13,868,117 15,052,865 16,347,326
1,034,589
1,014,561
1,093,078
9,114,493
9,970,876 10,900,496 11,847,223 12,878,686 14,025,563 15,217,115 16,505,768 17,857,698
Jan
Feb
Mar
Year 3
Assets:
Current assets:

Fixed assets (net)
Total assets
2,625
9,117,118
2,550
2,475
1,090,973
2,400
1,179,081
2,325
1,296,608
2,250
1,348,997
2,175
1,452,903
2,100
1,510,372
2,025
9,973,426 10,902,971 11,849,623 12,881,011 14,027,813 15,219,290 16,507,868 17,859,723
17,688,636 19,138,573 20,666,753 20,666,753

1,619,995
1,712,758
1,847,815
1,847,815
19,308,631 20,851,331 22,514,568 22,514,568

1,950
1,875
1,800
1,800
19,310,581 20,853,206 22,516,368 22,516,368

Line of credit
Total liabilities
Equity
9,117,118
9,973,426 10,902,971 11,849,623 12,881,011 14,027,813 15,219,290 16,507,868 17,859,723
19,310,581 20,853,206 22,516,368 22,516,368
9,117,118
9,973,426 10,902,971 11,849,623 12,881,011 14,027,813 15,219,290 16,507,868 17,859,723
19,310,581 20,853,206 22,516,368 22,516,368
36

Balance Sheet
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 4
Assets:
Current assets:
Cash
Fixed assets (net)
Total assets
22,322,274
1,956,153
24,278,428
1,725
24,280,153
24,108,370 25,895,207 27,818,033 29,762,654 31,829,594 34,002,275 36,294,741 38,734,759

1,962,704
2,077,368
2,103,063
2,227,704
2,341,743
2,469,203
2,610,365
2,700,162
26,071,073 27,972,575 29,921,096 31,990,358 34,171,337 36,471,478 38,905,106 41,434,921

1,650
1,575
1,500
1,425
1,350
1,275
1,200
1,125
26,072,723 27,974,150 29,922,596 31,991,783 34,172,687 36,472,753 38,906,306 41,436,046
41,253,082 43,916,997 46,692,988 46,692,988

2,847,041
2,975,089
3,149,376
3,149,376
44,100,123 46,892,086 49,842,363 49,842,363

1,050
975
900
900
44,101,173 46,893,061 49,843,263 49,843,263

Line of credit
Total liabilities
Equity
24,280,153
26,072,723 27,974,150 29,922,596 31,991,783 34,172,687 36,472,753 38,906,306 41,436,046
44,101,173 46,893,061 49,843,263 49,843,263
24,280,153
26,072,723 27,974,150 29,922,596 31,991,783 34,172,687 36,472,753 38,906,306 41,436,046
44,101,173 46,893,061 49,843,263 49,843,263
37

Balance Sheet
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 5
Assets:
Current assets:
Cash
Fixed assets (net)
Total assets
49,634,967
3,293,985
52,928,952
825
52,929,777
52,745,826 55,882,651 59,194,121 62,553,954 66,072,631 69,731,823 73,546,308 77,546,539

3,326,340
3,477,338
3,530,181
3,691,581
3,841,031
4,004,958
4,183,675
4,305,602
56,072,167 59,359,989 62,724,303 66,245,535 69,913,662 73,736,781 77,729,983 81,852,141

750
675
600
525
450
375
300
225
56,072,917 59,360,664 62,724,903 66,246,060 69,914,112 73,737,156 77,730,283 81,852,366
81,656,246 85,948,778 90,387,174 90,387,174

4,490,034
4,653,465
4,867,475
4,867,475
86,146,280 90,602,244 95,254,648 95,254,648

150
75
86,146,430 90,602,319 95,254,648 95,254,648

Line of credit
Total liabilities
Equity
52,929,777
56,072,917 59,360,664 62,724,903 66,246,060 69,914,112 73,737,156 77,730,283 81,852,366
86,146,430 90,602,319 95,254,648 95,254,648
52,929,777
56,072,917 59,360,664 62,724,903 66,246,060 69,914,112 73,737,156 77,730,283 81,852,366
86,146,430 90,602,319 95,254,648 95,254,648
38

Cash Plan
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 1
Cash receipts
75,456
100,724
159,489
260,180
322,232
345,449
378,864
373,491
410,953
434,264
2,861,102
Operating cash expenses
52,974
60,174
78,882
105,774
121,078
127,786
133,078
128,278
137,386
137,878
149,878
1,233,166
Cash from operations
(52,974)
15,282
21,842
53,715
139,102
194,446
212,371
250,586
236,105
273,075
284,386
1,627,936
Change in cash
(52,974)
15,282
21,842
53,715
139,102
194,446
212,371
250,586
236,105
273,075
284,386
1,627,936
Beginning cash
300
300
38,165
177,268
371,714
584,085
834,670
1,070,775
1,343,850
300
Cash before borrowing
300
(52,674)
15,282
21,842
53,715
177,268
371,714
584,085
834,670
1,070,775
1,343,850
1,628,236
1,628,236
52,674
(15,282)
(21,842)
(15,550)
300
38,165
177,268
371,714
584,085
834,670
1,070,775
1,343,850
1,628,236
1,628,236
Line of credit activity

Ending cash
NOTE: Line of credit
exceeded in Month 2
39

Cash Plan
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 2
Cash receipts
492,549
528,867
481,557
552,693
525,056
545,378
588,886
643,983
710,901
735,863
808,499
866,065
7,480,299
166,086
147,378
152,178
134,886
137,778
139,698
146,886
152,898
147,618
157,446
158,178
171,378
1,812,408
326,463
381,489
329,379
417,807
387,278
405,680
442,000
491,085
563,283
578,417
650,321
694,687
5,667,891
Change in cash
326,463
381,489
329,379
417,807
387,278
405,680
442,000
491,085
563,283
578,417
650,321
694,687
5,667,891
Beginning cash
1,628,236
1,954,699
2,336,188
2,665,568
3,083,375
3,470,653
3,876,333
4,318,333
4,809,418
5,372,701
5,951,119
6,601,439
1,628,236
1,954,699
2,336,188
2,665,568
3,083,375
3,470,653
3,876,333
4,318,333
4,809,418
5,372,701
5,951,119
6,601,439
7,296,127
7,296,127
1,954,699
2,336,188
2,665,568
3,083,375
3,470,653
3,876,333
4,318,333
4,809,418
5,372,701
5,951,119
6,601,439
7,296,127
7,296,127

Ending cash
exceeded in Month 2
40

Cash Plan
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Cash receipts
962,343
1,034,589
1,014,561
1,093,078
1,090,973
1,179,081
1,296,608
1,348,997
1,452,903
1,510,372
1,619,995
178,566
158,178
163,458
144,246
147,618
149,730
157,446
164,250
158,442
169,062
170,058
783,777
876,411
851,103
948,832
943,355
1,029,351
1,139,162
1,184,747
1,294,461
1,341,310
1,449,937
1,528,180 13,370,626
Change in cash
783,777
876,411
851,103
948,832
943,355
1,029,351
1,139,162
1,184,747
1,294,461
1,341,310
1,449,937
1,528,180 13,370,626
Beginning cash
7,296,127
8,079,904
8,956,315
8,079,904
8,956,315
9,807,418 10,756,250 11,699,605 12,728,956 13,868,117 15,052,865 16,347,326

Ending cash
8,079,904
8,956,315
9,807,418 10,756,250 11,699,605 12,728,956 13,868,117 15,052,865

0
9,807,418 10,756,250 11,699,605 12,728,956 13,868,117 15,052,865 16,347,326
Mar
Year 3
1,712,758 15,316,258
184,578
16,347,326 17,688,636 19,138,573
1,945,632
7,296,127
17,688,636 19,138,573 20,666,753 20,666,753

0
17,688,636 19,138,573 20,666,753 20,666,753

exceeded in Month 2
41

Cash Plan
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
1,847,815
1,956,153
1,962,704
2,077,368
2,103,063
2,227,704
2,341,743
2,469,203
2,610,365
2,700,162
2,847,041
192,294
170,058
175,866
154,542
158,442
160,764
169,062
176,737
170,347
181,839
183,126
1,655,521
1,786,095
1,786,838
1,922,826
1,944,621
2,066,940
2,172,681
2,292,466
2,440,018
2,518,323
2,663,915
2,775,991 26,026,234
Change in cash
1,655,521
1,786,095
1,786,838
1,922,826
1,944,621
2,066,940
2,172,681
2,292,466
2,440,018
2,518,323
2,663,915
2,775,991 26,026,234
Beginning cash
20,666,753
22,322,274 24,108,370 25,895,207 27,818,033 29,762,654 31,829,594 34,002,275 36,294,741
38,734,759 41,253,082 43,916,997 20,666,753
22,322,274
24,108,370 25,895,207 27,818,033 29,762,654 31,829,594 34,002,275 36,294,741 38,734,759
41,253,082 43,916,997 46,692,988 46,692,988
Cash receipts

Ending cash
0
22,322,274
24,108,370 25,895,207 27,818,033 29,762,654 31,829,594 34,002,275 36,294,741 38,734,759
Mar
Year 4
2,975,089 28,118,409
199,098
2,092,175
41,253,082 43,916,997 46,692,988 46,692,988

exceeded in Month 2
42

Cash Plan
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
3,149,376
3,293,985
3,326,340
3,477,338
3,530,181
3,691,581
3,841,031
4,004,958
4,183,675
4,305,602
4,490,034
207,396
183,126
189,516
165,868
170,349
172,904
181,839
190,473
183,444
195,895
197,502
2,941,980
3,110,859
3,136,824
3,311,470
3,359,832
3,518,677
3,659,192
3,814,485
4,000,231
4,109,707
4,292,532
4,438,395 43,694,186
Change in cash
2,941,980
3,110,859
3,136,824
3,311,470
3,359,832
3,518,677
3,659,192
3,814,485
4,000,231
4,109,707
4,292,532
4,438,395 43,694,186
Beginning cash
46,692,988
49,634,967 52,745,826 55,882,651 59,194,121 62,553,954 66,072,631 69,731,823 73,546,308
77,546,539 81,656,246 85,948,778 46,692,988
49,634,967
52,745,826 55,882,651 59,194,121 62,553,954 66,072,631 69,731,823 73,546,308 77,546,539
81,656,246 85,948,778 90,387,174 90,387,174
Cash receipts

Ending cash
0
49,634,967
52,745,826 55,882,651 59,194,121 62,553,954 66,072,631 69,731,823 73,546,308 77,546,539
Mar
Year 5
4,653,465 45,947,568
215,070
2,253,382
81,656,246 85,948,778 90,387,174 90,387,174

exceeded in Month 2
43

Ratio Analysis
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 1
Gross profit margin
0.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
Operating profit margin
0.00%
28.80%
38.98%
48.98%
57.54%
60.53%
61.10%
62.91%
63.67%
64.55%
66.19%
67.47%
61.31%
Net profit margin
0.00%
28.80%
38.98%
48.98%
57.54%
60.53%
61.10%
62.91%
63.67%
64.55%
66.19%
67.47%
61.31%
Return on equity
-1.57%
140.67%
85.44%
74.65%
68.50%
49.89%
35.53%
29.11%
22.50%
20.28%
18.14%
17.54%
306.98%
Return on assets
-1.57%
53.02%
43.80%
59.94%
66.21%
49.89%
35.53%
29.11%
22.50%
20.28%
18.14%
17.54%
303.12%
Current ratio
n/a
1.43
2.69
10.26
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Quick ratio (Acid-test)
n/a
1.43
2.69
10.26
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Working capital ratio
0.00
0.29
0.61
0.88
1.11
1.50
2.01
2.47
3.14
3.50
3.97
4.18
0.61
Accounts receivable days
n/a
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
51.29
Inventory days
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Inventory turnover
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
0.00
1.84
1.12
1.22
1.15
0.82
0.58
0.46
0.35
0.31
0.27
0.26
4.94
Debt-to-equity
0.00
1.94
0.55
0.11
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Debt ratio
0.00
0.66
0.36
0.10
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(75)
22,407
40,475
80,532
154,331
201,079
217,588
245,711
245,138
273,492
296,311
342,596
2,119,585
Profitability ratios:
Liquidity ratios:
Activity ratios:
Sales-to-assets
Leverage ratios:
Times-interest (TI) earned:

Operating income
Interest expense
TI earned ratio
()
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
44

Ratio Analysis
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 2
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
66.52%
67.30%
70.28%
72.07%
72.48%
73.98%
74.86%
76.13%
77.53%
78.10%
79.28%
79.72%
74.88%
Net profit margin
66.52%
67.30%
70.28%
72.07%
72.48%
73.98%
74.86%
76.13%
77.53%
78.10%
79.28%
79.72%
74.88%
Return on equity
15.73%
12.59%
13.25%
11.42%
10.68%
10.58%
10.54%
10.64%
10.11%
10.11%
9.95%
10.05%
129.98%
Return on assets
15.73%
12.59%
13.25%
11.42%
10.68%
10.58%
10.54%
10.64%
10.11%
10.11%
9.95%
10.05%
129.98%
Current ratio
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
4.56
5.68
5.65
6.67
7.14
7.36
7.47
7.53
8.05
8.11
8.36
8.32
1.01
Gross profit margin
Liquidity ratios:
Activity ratios:
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
42.27
Inventory days
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Inventory turnover
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
0.24
0.19
0.19
0.16
0.15
0.14
0.14
0.14
0.13
0.13
0.13
0.13
1.74
Debt-to-equity
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Debt ratio
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
362,706
334,104
400,440
390,095
407,525
449,113
497,022
557,928
588,170
650,978
707,812
790,890
6,136,785
Sales-to-assets
Leverage ratios:

Operating income
Interest expense
TI earned ratio
()
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
45

Ratio Analysis
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 3
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
80.25%
81.87%
82.49%
84.17%
84.85%
85.79%
85.67%
86.03%
86.82%
86.87%
87.36%
87.31%
85.35%
Net profit margin
80.25%
81.87%
82.49%
84.17%
84.85%
85.79%
85.67%
86.03%
86.82%
86.87%
87.36%
87.31%
85.35%
Return on equity
9.85%
8.97%
8.91%
8.32%
8.34%
8.52%
8.15%
8.12%
7.87%
7.81%
7.68%
7.67%
98.37%
Return on assets
9.85%
8.97%
8.91%
8.32%
8.34%
8.52%
8.15%
8.12%
7.87%
7.81%
7.68%
7.67%
98.37%
Current ratio
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
8.55
9.53
9.67
10.53
10.60
10.49
10.94
11.02
11.47
11.56
11.81
11.82
1.35
Gross profit margin
Liquidity ratios:
Activity ratios:
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
39.83
Inventory days
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Inventory turnover
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
0.12
0.11
0.11
0.10
0.10
0.10
0.10
0.09
0.09
0.09
0.09
0.09
1.15
Debt-to-equity
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Debt ratio
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
855,948
856,308
929,545
946,652
1,031,388
1,146,803
1,191,476
1,288,578
1,351,855
1,450,858
1,542,625
Sales-to-assets
Leverage ratios:

Operating income
Interest expense
TI earned ratio
()
1,663,162 14,255,199
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
46

Ratio Analysis
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 4
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
87.46%
88.59%
88.78%
89.87%
90.10%
90.34%
90.36%
90.43%
90.88%
90.80%
91.03%
90.87%
90.10%
Net profit margin
87.46%
88.59%
88.78%
89.87%
90.10%
90.34%
90.36%
90.43%
90.88%
90.80%
91.03%
90.87%
90.10%
Return on equity
7.54%
7.12%
7.04%
6.73%
6.68%
6.59%
6.51%
6.46%
6.30%
6.23%
6.14%
6.10%
78.37%
Return on assets
7.54%
7.12%
7.04%
6.73%
6.68%
6.59%
6.51%
6.46%
6.30%
6.23%
6.14%
6.10%
78.37%
Current ratio
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
12.04
12.88
13.06
13.80
13.93
14.15
14.33
14.46
14.89
15.03
15.29
15.35
1.64
Gross profit margin
Liquidity ratios:

Activity ratios:
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
37.38
Inventory days
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Inventory turnover
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
0.09
0.08
0.08
0.07
0.07
0.07
0.07
0.07
0.07
0.07
0.07
0.07
0.87
Debt-to-equity
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Debt ratio
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,763,784
1,792,571
1,901,427
1,948,446
2,069,187
2,180,904
2,300,066
2,433,553
2,529,740
2,665,127
2,791,888
Sales-to-assets
Leverage ratios:

Operating income
Interest expense
TI earned ratio
()
2,950,203 27,326,895
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
47

Ratio Analysis
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Year 5
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
90.89%
91.66%
91.71%
92.44%
92.52%
92.63%
92.59%
92.58%
92.87%
92.77%
92.88%
92.71%
92.41%
Net profit margin
90.89%
91.66%
91.71%
92.44%
92.52%
92.63%
92.59%
92.58%
92.87%
92.77%
92.88%
92.71%
92.41%
Return on equity
6.01%
5.77%
5.70%
5.51%
5.46%
5.39%
5.32%
5.27%
5.17%
5.11%
5.04%
5.01%
64.12%
Return on assets
6.01%
5.77%
5.70%
5.51%
5.46%
5.39%
5.32%
5.27%
5.17%
5.11%
5.04%
5.01%
64.12%
Current ratio
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
15.59
16.35
16.56
17.24
17.41
17.66
17.86
18.02
18.44
18.61
18.89
18.98
1.94
Gross profit margin
Liquidity ratios:

Activity ratios:
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
29.10
35.66
Inventory days
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Inventory turnover
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
0.07
0.06
0.06
0.06
0.06
0.06
0.06
0.06
0.06
0.06
0.05
0.05
0.69
Debt-to-equity
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Debt ratio
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,086,514
3,143,139
3,287,747
3,364,238
3,521,157
3,668,052
3,823,044
3,993,127
4,122,083
4,294,064
4,455,888
Sales-to-assets
Leverage ratios:

Operating income
Interest expense
TI earned ratio
()
4,652,330 45,411,385
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
48

RSVP Business Plan

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Non-Disclosure and Confidentiality Agreement

This is a business plan and does not imply an offering of securities.

Resort Sales Vacation Professionals, LLC

This document contains confidential information. It is disclosed to you for informational

This is a business plan and does not imply an offering of securities.

5. The Industry, Competition and Market

8. Management, Organization and Ownership

9. Goals and Strategies

10. Financial Assumptions

Resort Sales Vacation Professionals, LLC

Resort Sales Vacation Professionals, LLC

Resort Sales Vacation Professionals, LLC

Resort Sales Vacation Professionals, LLC

Resort Sales Vacation Professionals, LLC

Resort Sales Vacation Professionals, LLC

Resort Sales Vacation Professionals, LLC

5. The Industry, Competition and Market

Resort Sales Vacation Professionals, LLC

Disney Vacation Club

Resort Sales Vacation Professionals, LLC

SOURCE American Resort Development Association

Resort Sales Vacation Professionals, LLC

Resort Sales Vacation Professionals, LLC

6.4 Promotional Plan

Resort Sales Vacation Professionals, LLC

Resort Sales Vacation Professionals, LLC

other support staff as we grow,

Resort Sales Vacation Professionals, LLC

8. Management, Organization and Ownership

8.2 Organizational Structure

Resort Sales Vacation Professionals, LLC

Resort Sales Vacation Professionals, LLC

9. Goals and Strategies

Resort Sales Vacation Professionals, LLC

10. Financial Assumptions

Resort Sales Vacation Professionals, LLC

Resort Sales Vacation Professionals, LLC

Travel Club Sales

Resort Sales Vacation Professionals, LLC

Travel Club Sales

Resort Sales Vacation Professionals, LLC

Travel Club Sales

Resort Sales Vacation Professionals, LLC

Travel Club Sales

Resort Sales Vacation Professionals, LLC

Travel Club Sales

Resort Sales Vacation Professionals, LLC

Overrides Principals 10%

Rent Triple Net Lease

Cab Fair & Transportation

Mini Vacation Expenses

Travel Club Expense

Resort Sales Vacation Professionals, LLC

Overrides Principals 10%

Rent Triple Net Lease

Cab Fair & Transportation

Mini Vacation Expenses

Travel Club Expense

Resort Sales Vacation Professionals, LLC

Overrides Principals 10%

Rent Triple Net Lease

Cab Fair & Transportation

Mini Vacation Expenses